Lennox (LII) Stock May Be 45% Undervalued On Cash Flow

Lennox International shares have dropped sharply over the past year, which puts a spotlight on whether the current US$362.19 price is still supported by the cash the business is expected to generate over time. With the focus on its cash flows rather than short term swings, the question is how that recent slide lines up with an intrinsic value estimate based on those future streams. The stock has fallen 33.5% over the past year, so the big issue for anyone looking at Lennox International now...